In 2024, the International Energy Agency (IEA) reported a surge in electricity demand due to rising temperatures. Unfortunately, this demand was not fully met by clean energy sources. This was despite the significant addition of renewable and nuclear energy to the grid. Coal and fossil gas power still continued to cover the remaining growth in […]

Germany has been embracing a new trend in renewable energy, as plug-and-play solar panel systems surge in popularity. With over 500,000 systems already installed, this trend is largely due to the simplicity of installation and affordability of these systems. This has been made possible thanks to the introduction of new laws that have eased restrictions […]

Illinois’ ambitious journey towards green energy recently encountered a significant setback. Despite the state’s substantial efforts to replace fossil fuels with renewable energy, the electricity generated from renewable resources, chiefly wind power, witnessed a decrease. This unexpected trend seems to be an unforeseen roadblock in the state’s path towards a sustainable future. Wind power, standing […]

Maersk, a global leader in the shipping industry, is venturing into uncharted waters with its first ships powered by green methanol, a move designed to significantly reduce environmental impact. The Laura Maersk, a groundbreaking ship commissioned by the company, is equipped with a dual engine that can operate either on traditional oil or methanol. This […]

Occidental Petroleum Corp., a Texas-based oil company, is taking a significant leap in the fight against climate change by constructing a billion-dollar complex named Stratos. This endeavor aims to capture and store carbon emissions, a growing concern in our rapidly warming world. The project has attracted funding from prominent businesses such as Amazon.com Inc., Shopify […]

Green NCAP, the renowned vehicle assessment organization, has recently announced the recipients of its newly introduced Life Cycle Assessment (LCA) award. The esteemed award has been bestowed upon the Dacia Spring, the ORA Funky Cat, Renault’s electric Megane E-Tech, and the Tesla Model 3. These models have been recognized for their outstanding contribution to environmental […]

Finextra, a leading provider of information on Environmental, Social, and Governance (ESG) data, Impact Investing, and Sustainable Finance initiatives, is playing a pivotal role in supporting businesses such as Atom Bank in their sustainability efforts. Atom Bank, in its ambitious move towards becoming a carbon-positive bank by 2035, has formed a strategic partnership with Kamma […]

Heat pumps are rapidly becoming a favored choice in the heating and air industry, largely due to their cost efficiency and minimal environmental impact. This growth has made them the fastest-growing segment in the sector, revolutionizing how many individuals heat and cool their homes. At their core, heat pumps operate by utilizing outside air to […]

The UAE Banks Federation (UBF) has recently reaffirmed its commitment towards the country’s strategy of reducing emissions and achieving climate neutrality by 2050. This move aligns with the United Nations’ sustainable development goals, demonstrating a significant push towards global sustainability. In a collaborative effort with the Central Bank of the UAE and its members, the […]

North Yorkshire business, Chameleon Technology, recently celebrated the inauguration of its new offices by Lord Callanan, the Minister for Energy Efficiency and Green Finance at the Department for Energy Security and Net Zero. Chameleon Technology is a key player in the energy sector, providing In-Home Displays (IHDs) for the national smart meter rollout program. This […]